I’m a “late bloomer” when it comes to multiple blogs! Most of us have heard that the best way to make money blogging is by having multiple blogs. With multiple blogs, you can diversify your niches just as you invest mutual funds in the stock market. Putting all your eggs in one basket is never a good idea. People should start more than one blog to diversify, given they have the time to manage them.
Besides that, a blog doesn’t cost much to run. The average web hosting for a blog is around MYR12.50/month and register a new domain name cost about MYR30/year. However, you could even start your blogs using a free hosted site like WordPress.com or Blogger.com but they provide free hosting only and you do not own your domain name and there will be limitation on ads usage.
I have recently started another blogs besides Malaysia’s Financial Blogger | imDavidLee.Com and later I will start more. What I really like is that I can use all of the different aspects of my personality on my different blogs. With this blog, I’m pretty much into a tight niche where I am sharing what I’ve learned about financial management so it’s not appropriate for me to just talk about myself while the other one LimPek’s Funny Blog I can say whatever I want and there’s more freedom in that.
In the case of blogging, if one isn’t making enough money, instead of giving up on blogs, try adding more blogs. You can have the possibility of gaining more revenue from each blog, which will add up to some big money. Make money blogging is all about experimenting until you find what works for you!